Opera Limited Expects Q3 Revenue of $97M-$100M Vs $99.35M Est, Raised FY23 Revenue to $380M-$390M (Prior $373M-390M) Vs $386.04M Est
Portfolio Pulse from Benzinga Newsdesk
Opera Limited has raised its revenue guidance for FY23 to $380M-$390M, up from the previous $373M-$390M. For Q3 2023, the company expects revenue of $97M-$100M, representing a 15% YoY growth. Adjusted EBITDA for the same quarter is expected to be between $18.5M and $20.5M.
August 24, 2023 | 11:07 am
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Opera Limited has raised its FY23 revenue guidance, which could indicate strong performance and growth. This could positively impact the company's stock in the short term.
Opera Limited's raised revenue guidance for FY23 indicates that the company expects to perform well and grow. This could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100